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BMW sales lead over rivals

Berlin - BMW's sales rose faster in June than that of Audi and Mercedes as demand from China and the United States helped the German luxury car maker to extend a lead over its two main rivals in the first six months of the year.

Sales at BMW's core brand were up 9.4% in June to 153 000 autos, the Munich-based company said on Monday, compared with growth of 8.3% and 5.5% respectively at Mercedes and Volkswagen-owned Audi.

Six-month sales at BMW rose 7.7% to 804 000 cars, expanding the lead over runner-up Audi to 24 000 from 11 000 after five months. Half-year sales at Audi and Mercedes rose 6.4% each to 780 500 and 694 000 autos respectively.

"BMW has stronger momentum than Audi and Mercedes, that won't change in the second half," said Hanover-based NordLB analyst Frank Schwope.

"Design of their cars has improved and they're ahead on fuel-saving technologies," he said.

Still, Audi and Mercedes have each outlined plans to overtake BMW by the end of the decade.

In contrast to capacity cutbacks at European mass-market carmakers, Germany's three leading premium manufacturers are maintaining production in July and August to meet demand for upscale vehicles from overseas, rather than shutting factories for summer vacations.


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